2019-035 - Orange County Housing Finance Trust

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(3) One city council member for the city member with the greatest population in the North Region Service Planning Area as depicted in Exhibit A. (tJ One city council member for the city member with the greatest population in as Central Region Service Planning area as depicted in Exhibit A. (a) One city council member fora the city member with the ��eaatest population in the South Region Service Planning Area as depicted in Exhilait A. (6) Two city council mem bars who are each selected from member cities, which are not alraa y represented on the Board of Directors. The selection of those directors shall be made by a City Selection Committee from votes cast can a one•city-one-voto basis by representatives of the city members that are not already represented pursuant to Section 6, subdivisions (a)(3), (a)(4) and (aa)(h)w (b) Draard Powers. Salaj"exct to the limitations of this Agreement and the laws of the Mate of Califoarn, ' t o powers of OCHF'T shall be vested in and exercised by and its property controlled and its affairs conducted by the Board of Directors, (c) AdyisoaT Beard. In aceordanro with OCHF"'T's bylaws, the Board of Directors may convene an ex o icio advisory board that may include a public member, city managers or assistant city managers, the County Executive Officer, a representative from law enforcement, and a representative from a, housing authority. (d) Comes ` Members of the Board shall serve without compensatiosa�sha e entitled to reimbursement for any expenses actually incurred in connection with serving as a Director. Any obligation to pay expenses pursuant to this paragraph shall be a charge againstany unencumbered funds of OCHFT available for the purpose. (a) Meetingg of the Boaard of Directors. (1) Call Notice an Candurt ofMeetings. All meetings of the Board of Directors, including without limitation, regular, ad"ourned regular spacial meetings and adjourned special meetings, shall be caw lad, noticed, held and conducted in accordance with the provisions of the Ralph ltai. Brown Act. (2) Re gular Mgeti , Regular meetings of the Board of Directors shall be held at such dates and tunes as the Board may fax by resolution from time to time. If any day so fixed for a regular meeting shall fall upon a legal holiday, then such regular meeting shall be .held on the next succeeding business day at the same hour. No notice of any regular meeting of the Board of Directors need be given to Cho individual Directors. (3) Sgeciaal Meetings. Special meetiaa�s of the Board of Directors shall be held whenever called by the Chairperson of tlao Board or by a majority of tho Directors. (4) uo � . A majority of the seated meaaatbera of the Board. of Directors shall constitute a quorum at any meeting of the Board except that less than a quorum may adjourn a meeting to another time and place. Ever act or 5 Resolution No. 2019-035 Page 9 of 16